What Do We Mean By Aging Parents Having “Diminished Capacity”?

What Do We Mean By Aging Parents Having “Diminished Capacity”?

Lawyers may throw around the term “diminished capacity” in dealing with elders because they have to be aware of elders signing things they may not understand. Lawyers are supposed to protect against that. Financial advisors use the term in a general way, suggesting that some people with this may need help from trusted others in financial decision-making. And generally, we see that the term is…

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